Values have been changing and have risen £902 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,904 in last 6 months, £10,268 in last 1 year, £17,171 in last 2 years, £18,095 in last 3 years, £16,286 in last 4 years and £15,972 in last 5 years.
Currently average asking price of a property in Lightwoods Road, Bearwood, Smethwick, B67 is around £155,758 based on approximately 7 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £585 per month.
Estimated property value in Lightwoods Road, Bearwood, Smethwick, B67 is £169,173. Average asking price is £155,758 while average price paid is £139,928 which is up by £10,268 and Avg. asking rent £585.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Lightwoods Road, Bearwood, Smethwick, B67 area. In last 1 year alone average price buyer paid is around £139,928 based on approximately 7 sales in Lightwoods Road, Bearwood, Smethwick, B67 area alone. If you compare it to last 3 years sales of 21 properties where buyers paid around £136,923. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £143,991 for 32 and average amount paid for purchase of approx. 50 properties sold in last 7 years comes to about £144,612 per sale.